By  on June 15, 2010

Ralph Lauren could soon be almost $900 million richer.

The founder, chairman and chief executive officer of Polo Ralph Lauren Corp. is set to give up about a quarter of his Class B voting shares in the company in a secondary public offering that could net him almost that amount, yet dilute his control of the voting stock by a mere 1.6 percent — to about 93.5 percent.

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